Your How-To Guide for Buying an RV

Are you considering taking the plunge and purchasing an RV? If so, now is the time to focus on what type of RV fits you and your goals. Buying an RV, just like buying a home, isn’t as easy and signing on the dotted line. There are various options to choose from based on the lifestyle you’d like to pursue, your budget, your goals, and plenty more. If you’re planning to buy just about anything out of excitement, you could be making a huge mistake. Instead, take your time and consider your options. Here’s a quick rundown of things you need to know and factors you need to consider before buying an RV.

Did you know there’s about 9 classifications of RV? There’s the Travel Trailer, Fifth Wheel, Toyhauler, Pop up, Small Camper, Class A Gas, Class A Diesel, Class B and Class C. When there’s this much to choose from, it can be difficult to decide which to go for. Before you even decide what you want, try to understand what it is you need.

Brand New or a Used RV

There’s an advantage in opting for either of the two. A brand-new RV would guarantee full functionality in its top-quality form. However, it can be quite expensive.

Set a limit to your budget and weigh your options based on what you can financially afford. Will you pay the full price via cash or opt for a loan? Your bank or a third party can give you options on how to finance your RV. The amount you’re willing to shoulder for a down payment and credit score are the factors the lender will consider in calculating the interest and amount you can borrow. Review the interest rate you’d be getting. Find out how much you can afford for the monthly payment and how long you’re required to pay it.

If you’re opting for a used RV, make sure to know the RV’s history and be on the lookout for possible issues. While it may be affordable, if you don’t get to thoroughly inspect these potential issues, it may cause some major headaches down the road.


Even when you don’t observe visible damages on floors or ceilings, a moldy interior signifies major water problems. Scrutinize cabinets, ceiling and bathroom corners to make sure there aren’t any mold spots. Jump up and down on floors near the kitchen and bathroom to see how sturdy they are. If they don’t feel strong enough, these could be signs of a more complicated problem.


If the floor needs to be sturdy, so does the exterior walls. There should be no signs of corrosion or rust.


The rule of thumb is to change the set of tires every 5 years. The DOT label which can be found on the sidewall includes a four-digit code. The first two digits represent the week while the last two indicate the year the tires were made.


Search the Vehicle Information Number (VIN) to review the RV’s history. The report can tell you if the RV incurred damages in the past, if it was rebuilt or stolen, and can advise you of any recalls.

Motorhomes or Towables

Next is to identify what type of RV you need based on your budget. If you prefer the latter, you would also have to consider getting a truck or SUV. If you already have a vehicle to pull the weight, then all you need is to get used to the idea of towing while driving. Assess the size of the trailer, functionality and features and see if they’re comfortable and would fit your needs. Do your research.

RV ownership requires commitment. Not only is it expensive, it is life changing. The cost of living in an RV can take a toll if not planned accordingly. There’s parking expenses, maintenance, insurance, repairs and gas amongst others to budget for. To make it a viable option for you, make sure that you understand what you are getting into, that what you go for – brand new or used, fits your needs, and you are financially ready to proceed.

About Transparity Insurance Services

Transparity Insurance Services was founded for the purpose of helping clients to ensure their property and assets with no hassle. We are committed to providing a simple, easy, efficient, and positive experience to all of our clients, and prioritize open and transparent communication with our clients. Through our excellent customer service and technology, we can help you to find the right insurance program at a competitive price. Contact us today at (855) 889-2037 to learn more about what we can do for you.